5540 Guilford Street Detroit MI 48224 MLS #81026019543

5540 Guilford Street
Detroit, MI, 48224
$62,000
3 Beds
2 Baths
1,169 SqFt
0.16 Acres
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MLS #81026019543 image #0
This all-brick property presents a strong opportunity for a savvy investor or handyman looking for their next rehab project. Featuring three bedrooms, one full bathroom, and one half bath, this home offers a functional layout ready for renovation. Built in 1928, the property retains classic character and includes a full basement and a spacious yard, providing additional flexibility for improvements and long-term use.The home is being sold as-is and will require a full rehab due to smoke damage, making it ideal for investors seeking a project with clear value-add potential. Whether your strategy is to renovate and resell or hold as a rental, this property offers a solid foundation to execute your vision. The large yard and brick construction add to its appeal, while the existing layout supports a straightforward renovation plan.Located in an established neighborhood, the property is surrounded by similar homes and ongoing investment activity, supporting long-term upside. This is a great opportunity for those experienced in renovation projects or looking to expand their portfolio with a property that can be transformed through TLC and thoughtful updates.

Property Details

Price:
$62,000
MLS #:
81026019543
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
SingleFamilyResidence
Neighborhood:
area05055detconmorsgrathstn7mack
Listed Date:
May 2, 2026
Finished Sq Ft:
1,169
Total Sq Ft:
1,169
Lot Size:
303,613,200 sqft / 0.16 acres (approx)
Year Built:
1928
RanchArea05055detconmorsgrathstn7mackArea05055detconmorsgrathstn7mackDetroit

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
1169
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Fireplaces Total
1
Flooring
Tile, Vinyl, Wood
Heating
Hot Water, None
Laundry Features
Main Level

Exterior

Architectural Style
Ranch
Construction Materials
Brick
Lot Features
Level
Parking Features
Concrete
Roof
Other
Stories
1

Financial

Taxes
$1,237

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Jun 20, 2026
3,854
Single Family Listed
125
Avg DOM
95
Avg $ / SqFt
$152,915
Avg List Price

Property Summary

    5540 Guilford Street Detroit MI is a Single Family for sale in Detroit, MI, 48224. It is listed for $62,000 and features 3 beds, 2 baths, and has approximately 1,169 square feet of living space, and was originally constructed in 1928. The current price per square foot is $53. The average price per square foot for Single Family listings in Detroit is $95. The average listing price for Single Family in Detroit is $152,915. To schedule a showing of MLS#81026019543 at 5540 Guilford Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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